Wednesday, January 9, 2013

Yes, Virginia, there is a health care investment surtax

“Starting this year, taxpayers who have a modified adjusted gross income of $200,000 or more ($250,000 for joint filers) will pay a 3.8 percent surtax on certain kinds of investment income, such as interest, dividends, capital gains, rent and royalties. (Interest on tax-exempt municipal bonds doesn't count.)”

http://jewishworldreview.com/0113/healthcare_surtax.php3

(It’s OK. Only wealthy people will pay the surtax.)

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